Best Low-Fee Crypto Exchanges in Canada

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Adam Woodhead
Adam Woodhead

Adam Woodhead

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Adam is a Co-Founder and content creator for The Investors Centre. His key areas of interest and expertise are cryptocurrency and blockchain technology.

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Thomas Drury
Thomas Drury

Thomas Drury

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Seasoned finance professional with 10+ years' experience. Chartered status holder. Proficient in CFDs, ISAs, and crypto investing. Passionate about helping others achieve financial goals.

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Updated 04/01/2025

Discover Canada’s best low-fee and reliable crypto exchanges, carefully evaluated with real-world trades. These platforms are designed for Canadians, providing smooth CAD transactions and robust security features.

Quick Answer: What Crypto Exchange Has the Lowest Fees?

Kraken Pro is ideal for Canadians seeking low fees, with maker-taker fees starting at 0.16% and 0.26%, plus discounts for high-volume traders. Free Interac e-Transfer deposits and competitive withdrawal fees make it cost-effective for all users. 

Featured Exchange - Kraken Pro

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H2: The Top 4 Crypto Platforms with the Lowest Fees

Here are the top platforms for low-fee crypto trading in Canada, with Kraken Pro leading the list: 

  1. Kraken Pro: A globally recognised exchange offering advanced trading tools, a tiered fee structure, and excellent support for high-volume traders. 
  2. Bitbuy: Trusted by Canadians for its security, simplicity, and competitive fees. 
  3. NDAX: Known for its flat-rate trading fees of just 0.2% and excellent customer support. 
  4. Newton: Provides commission-free trading with transparent spreads and easy-to-use features for beginners. 

How Do These Exchanges Compare?

When comparing crypto exchanges, Australians should consider fees, features, security, and suitability for their trading goals. Below is a summary of how the top platforms stack up.

RankPlatformTrading Fees (Maker/Taker)Deposit FeesWithdrawal FeesSupported CryptoKey Features
#1Kraken Pro0.16% / 0.26% Free (Interac e-Transfer)Varies by Method175+Advanced trading tools, global reputation, low fees for high-volume traders.
#2Bitbuy0.10% / 0.20% Free (e-Transfer)1.5% (Wire Transfers)25+Trusted platform, regulated in Canada, user-friendly interface.
#3NDAXFlat 0.20% Free$4.99 CAD (EFT)30+Transparent fees, excellent customer support, diverse crypto options.
#4NewtonCommission-Free FreeNetwork Fees Only70+Simple and transparent, no trading commissions, supports a wide range of crypto.

Quick Outlook for 2025

The Canadian cryptocurrency landscape is expected to grow significantly by 2025, driven by increasing regulatory clarity and competition among exchanges. Here’s what to watch for: 

  • Lower Fees Across Platforms: As competition intensifies, trading costs will continue to decrease, benefiting Canadian traders. 
  • Enhanced Security Features: More platforms are likely to adopt advanced security measures, such as biometric authentication and expanded insurance coverage for funds. 
  • Wider Crypto Offerings: Canadian exchanges are expected to support a broader range of cryptocurrencies, including eco-friendly and utility-driven tokens. 

By staying informed about these trends, Canadian traders can make smarter decisions and choose exchanges that align with their trading goals. 

7 Best Crypto Exchanges

#1 - Kraken Pro

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Kraken Pro offers one of the most competitive fee structures in Canada, designed to cater to both casual and high-volume traders. 

  • Maker fees start at 0.16%, while taker fees begin at 0.26%. These fees can be significantly reduced with tiered discounts based on trading volume, making Kraken Pro especially attractive to frequent traders and institutional investors. High-volume traders can enjoy fees as low as 0.02%, providing substantial savings. 
  • Free deposits are available via Interac e-Transfer and SEPA, ensuring Canadians can fund their accounts without incurring extra costs. 
  • Withdrawal fees vary by cryptocurrency or fiat currency, but Kraken Pro is known for its transparent pricing, allowing users to easily understand their costs before executing transactions. 

This clear and competitive pricing model, combined with Kraken’s reputation for reliability, makes it a leading choice for Canadian traders who want to minimise fees without compromising on features or security. 

Kraken Pro stands out as a robust and feature-rich platform tailored for both new and experienced Canadian traders: 

  • It supports 175+ cryptocurrencies, including major coins like Bitcoin, Ethereum, and Litecoin, as well as niche altcoins, offering a diverse range of trading opportunities. 
  • Advanced trading features, such as margin trading (up to 5x leverage), futures contracts, and staking, make it ideal for professional traders looking to maximise returns or hedge against market volatility. 
  • High liquidity ensures that trades are executed quickly and at competitive market prices, which is essential for large transactions or time-sensitive trades. 

Additionally, Kraken Pro is globally regulated, ensuring compliance with Canadian and international laws. The platform implements bank-grade security measures, such as cold storage, two-factor authentication (2FA), and regular audits to safeguard user assets. These features, combined with its user-friendly Pro interface, make Kraken Pro one of the most reliable and secure exchanges for Canadian users. 

Kraken vs. Kraken Pro: Key Differences

  • User Experience: Kraken offers a simple interface for beginners, while Kraken Pro provides advanced charts, order types, and deeper market insights for experienced traders.
  • Fees: Kraken charges higher instant buy/sell fees (up to 1.5%), whereas Kraken Pro uses a maker-taker model with significantly lower fees (starting at 0.16% maker / 0.26% taker).
  • Trading Features: Kraken supports basic spot trading and staking, while Kraken Pro includes margin trading (5x leverage), futures, and advanced tools for professionals.
  • Market Access: Kraken suits casual traders, whereas Kraken Pro offers higher liquidity and faster execution for high-volume trading.

Kraken is best for beginners, while Kraken Pro is tailored for serious traders looking for lower fees and advanced features.

#2 Bitbuy

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Bitbuy charges a 0.20% taker fee and a 0.10% maker fee, making it one of Canada’s more competitive platforms for standard trades. Its Pro Trade feature takes this a step further by offering reduced fees for high-volume traders, making it an attractive option for professionals who require frequent and large transactions. 

Additionally, Bitbuy offers free deposits via Interac e-Transfer, ensuring Canadian users can fund their accounts conveniently without incurring extra costs. Withdrawal fees are 1.5% for wire transfers, which is higher than some competitors but manageable for traders prioritising a secure, Canada-focused platform. 

Yes, Bitbuy is an excellent choice for Canadians seeking a secure, easy-to-use, and compliant platform. 

  • It is registered with the Ontario Securities Commission (OSC), ensuring compliance with Canadian financial regulations. This regulatory oversight provides peace of mind for users concerned about platform safety and reliability. 
  • Bitbuy’s straightforward interface makes it accessible for beginners, while the Pro Trade feature and competitive fees cater to advanced traders. 
  • Funding accounts is seamless with Interac e-Transfer, and the platform supports 25+ cryptocurrencies, including major coins and popular altcoins. 

 

Its focus on the Canadian market, coupled with its strong security measures, makes Bitbuy a trusted choice for traders of all experience levels. 

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NDAX features a flat 0.20% trading fee for all transactions, making it one of the simplest and most transparent pricing models available in Canada. This flat fee structure appeals to traders who value predictability and want to avoid the complexity of tiered fee systems. 

Deposits are free via Interac e-Transfer, while withdrawals are charged a modest fee of $4.99 CAD for Electronic Funds Transfers (EFT). This predictable cost structure ensures that users can budget their trading expenses effectively. 

NDAX offers several features that make it highly appealing to Canadian traders: 

  • Free deposits via Interac e-Transfer ensure seamless funding without additional costs. 
  • The platform supports 30+ cryptocurrencies, including major options like Bitcoin, Ethereum, and Ripple, as well as newer altcoins. 
  • 24/7 customer support via live chat and email ensures users can get help whenever they need it, adding to its appeal for both beginners and experienced traders. 

 

NDAX’s transparent fee model, focus on customer satisfaction, and localised support make it an excellent choice for traders who value reliability and simplicity. 

#4 Newton

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Newton offers commission-free trading, meaning users only pay for the bid-ask spreads, which are generally competitive. The platform does not charge deposit fees, and withdrawal fees are limited to network fees, making it one of the most cost-effective platforms for Canadians. 

Newton’s simple and transparent fee structure is especially appealing to beginners who want to start trading without worrying about hidden costs. 

Yes, Newton is a great choice for Canadians who prioritise simplicity, transparency, and low costs. 

  • The platform supports 70+ cryptocurrencies, giving users access to a wide range of assets for trading and investment. 
  • Its commission-free trading model and lack of deposit fees make it particularly appealing for those just starting out in crypto. 
  • Newton’s intuitive mobile and desktop apps simplify portfolio management, allowing users to trade on the go. 

 

With its user-friendly design and cost-effective structure, Newton is especially suited to beginners looking for an accessible way to enter the crypto market. 

What Are Low-Fee Crypto Exchanges?

Low-fee crypto exchanges are platforms that prioritise affordability by minimising trading fees, deposit costs, and withdrawal charges. These exchanges are designed to help traders maximise profits, whether you’re a long-term investor or an active day trader. 

With low-fee exchanges like Kraken Pro, traders can reduce transaction costs significantly, which is particularly beneficial for high-volume trading. These platforms also support CAD deposits and withdrawals, ensuring seamless access for Canadian users. 

What Should I Look for in a Crypto Exchange Beyond Fees?

  1. Regulation and Security: Opt for exchanges that comply with Canadian regulations and implement strong safety measures like cold storage, 2FA, and insurance for funds. Kraken Pro stands out for its globally recognised security standards. 
  2. User Experience: A clean, intuitive interface—such as Kraken Pro’s user-friendly Pro platform—makes trading more efficient and accessible for both beginners and experienced users. 
  3. Asset Availability: Ensure the platform supports the cryptocurrencies you wish to trade or invest in. Kraken Pro offers access to 175+ cryptocurrencies, ensuring a wide selection. 
  4. Liquidity: High liquidity ensures better pricing and faster execution of trades. Kraken Pro is known for its excellent liquidity, particularly for large-volume trades. 
  5. Customer Support: Look for exchanges that offer reliable 24/7 support, especially when dealing with real money. Kraken Pro provides extensive support via live chat, email, and detailed help guides. 

Conclusion

Navigating the world of cryptocurrency can be daunting, but selecting the right platform is a critical first step. The best low-fee exchanges in Canada—Bitbuy, NDAX, Newton, and Kraken—offer a range of features tailored to different trading preferences. By understanding their fee structures and features, you can make an informed decision that aligns with your trading goals. 

As the Canadian cryptocurrency market continues to grow, these platforms are likely to introduce more competitive pricing and innovative tools, ensuring traders have access to world-class services without high costs. Whether you’re a beginner, an advanced trader, or someone seeking transparency, there’s an exchange on this list that fits your needs. 

FAQs

Yes, as long as you choose a reputable and regulated exchange, like Bitbuy or NDAX, that complies with Canadian regulations.

Always review the platform’s fee schedule, including deposit and withdrawal charges, and consider spread costs if a platform advertises commission-free trading.

Absolutely! Exchanges like Newton and Kraken support a wide range of cryptocurrencies, with over 70 and 175 options, respectively.

Top 4 Low Fee Exchanges

1

Kraken Pro

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2

Bitbuy

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3

Ndax Logo

NDAX

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4

Newton

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Our #1 Rated Crypto Exchange

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